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IFIC — Financial Instrument for Innovation & Competitiveness (Instrumento Financeiro para a Inovação e Competitividade)

IFIC Reindustrialize Line — Regions Affected by the Storms (IFIC Linha Reindustrializar — Regiões Afetadas pelas Tempestades)

Funds disaster-affected Portuguese manufacturers rebuilding through innovation-led reinvestment to strengthen real-world implementation.

ClosedBanco Português de FomentoPortugal
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About

IFIC Linha Reindustrializar — Regiões Afetadas pelas Tempestades 2026 (Aviso 06/C05-i14.01/2026) is a non-repayable grant programme administered by Banco Português de Fomento (BPF) and Estrutura de Missão Recuperar Portugal (EMRP) under Portugal's PRR Component C5. It provided €150 million in total non-repayable support for productive investment and research and development in companies located in…

What this grant funds

Reindustrialisation investment for companies in municipalities under calamity status after storms and flooding.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.One-off
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.20%
Funding pooliThe total budget available across all awards in this round.€150M
Funding analytics

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Industries

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Eligibility criteria

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Timeline

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Last verified: 24 Jul 2026Source: www.bpfomento.pt